Company/Organization

Layoff Year

Number Downsized

Oil/Gas Industry (global)

2015-2016

350,000

IBM

July 1993

60,000

Citigroup

Nov. 2008

50,000

Sears Roebuck & Co.

Jan. 1993

50,000

General Motors

Feb. 2009

47,000

AT & T

Jan. 1996

40,000

Ford Motor Co.

Jan. 2002

35,000

Kmart Corp.

Jan. 2003

35,000

Circuit City Stores

Jan. 2009

34,000

Boeing Co.

Sept. 2001

31,000

Bank of America

Sept. 2011

30,000

Hewlett-Packard

Sept. 2015

28,000

General Motors

Dec. 2018

15,000